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Thanks for the explanation on 'Who owns the debt?'. now any opinon on unfunded liabilities by cities or political commentary on their use by local politicians? Also got any good debt jokes? I'll take jokes or one lines more than memes.

I know what you guys are thinking. Oh, a 'Every American owes half a million dollars', 'Your sending your Grandkids to Debtors Prison' thread. But not really. I'm actually asking about local government programs and debts. 'Oh, State Debt then?' Is your thought. Maybe, but I'm actually just...